Background

Benqi

BENQI is a Decentralized Finance (DeFi) liquidity market protocol, built on Avalanche. The BENQI Protocol consists of:  1. BENQI Liquidity Market (BLM) 2. BENQI Liquid Staking (BLS) The BENQI Liquidity Market (BLM) protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol may earn passive income, while borrowers are able to borrow in an over-collateralized manner.  The BENQI Liquid Staking (BLS) protocol is a liquid staking solution that tokenizes staked AVAX to grant users the ability to utilize the yield-bearing asset within Decentralized Finance applications.

Integrationstwitter

AUSD Network Announces Major Stablecoin Infrastructure Upgrade

Thu 10th Jul 2025
The AUSD Network is launching a significant upgrade to the stablecoin infrastructure, marking a notable advancement in the space. This development follows recent momentum in the Ethereum stablecoin ecosystem, particularly with USDS. - Major infrastructure improvements to existing stablecoin framework - Integration with existing Ethereum stablecoin ecosystem - Focus on enhanced stability and scalability The upgrade aims to address long-standing technical limitations while maintaining compatibility with existing DeFi protocols.

BENQI Streamlines DeFi Experience with In-App AVAX Staking and Swapping

Thu 10th Jul 2025
BENQI has launched a simplified DeFi experience on Avalanche. The new interface allows users to: - Stake AVAX directly within the app - Receive sAVAX tokens automatically - Execute swaps without leaving the platform Key improvements: - Eliminated need for bridges - Removed multi-tab workflows - Streamlined user interface - Enhanced yield opportunities The update represents a significant step toward making DeFi more accessible by reducing complexity and improving user experience through a single, unified interface.

Silo Finance Launches sAVAX Support with 95% LTV

Thu 3rd Jul 2025
Silo Finance has integrated sAVAX on Avalanche, offering a new capital-efficient borrowing solution. Key features: - 95% maximum Loan-to-Value (LTV) ratio - Up to 20x leverage capability - Maintains AVAX exposure while borrowing This integration represents the most capital-efficient option for AVAX holders on Avalanche to date. Users can now deposit and borrow through the [Silo Finance platform](https://app.silo.finance/markets/avalanche/savax-avax-118?action=borrow). Explore the new borrowing opportunities while maintaining your AVAX position.
Community article

BENQI Launches Redesigned DeFi Interface

Thu 10th Jul 2025
BENQI has unveiled a completely revamped user interface for their DeFi protocol on Avalanche. The new design prioritizes: - Enhanced speed and performance - Clearer navigation and user experience - Simplified cross-chain functionality - Streamlined access to liquid staking and lending features The update represents more than a visual refresh - it's part of BENQI's strategic focus on providing essential DeFi tools for the Avalanche ecosystem. The platform aims to help users maintain liquidity and generate yield through all market conditions. *The new interface is now live and ready for users to explore.*
Community article

BENQI Updates PAYG Fee Structure for Validator Staking

Mon 7th Jul 2025
BENQI has announced changes to their Pay-as-you-Go (PAYG) validator staking service on BENQI Ignite. The new structure features: - No minimum AVAX stake requirement - Fixed fee of 8 AVAX per week - Bi-weekly billing of 16 AVAX at period start - 5% discount for QI token payments BENQI provides the full 2,000 AVAX validator stake, making this ideal for short-term stakers seeking flexibility. The update aims to maintain service sustainability while keeping the platform accessible. Want to start staking? Visit [BENQI Ignite](https://benqi.fi/ignite)
Community article

sAVAX Integration with GHO on Avalanche via Aave V3

Mon 7th Jul 2025
Aave V3 has launched a new feature allowing users to use sAVAX as collateral for borrowing GHO stablecoin on Avalanche. Key features: - Supply AVAX or sAVAX as collateral - Borrow GHO stablecoin against your collateral - GHO is bridged from Ethereum using lock-and-mint mechanism - All parameters are governed by Aave DAO This integration brings enhanced stablecoin utility to Avalanche-native stakers, creating new opportunities for DeFi users on the platform.

BENQI Announces Major UI Upgrades at Avalanche Summit LATAM

Mon 21st Oct 2024
BENQI is set to launch significant user interface improvements, as announced by Co-Founder @born2hodl at the Avalanche Summit LATAM. The upgrade focuses on three key areas: - Enhanced user experience with streamlined asset management - More intuitive interface design - Implementation of Optimistic Finality UX These changes aim to simplify DeFi interactions while maintaining advanced functionality under the hood. The new interface will offer faster navigation and more efficient asset management capabilities.

BENQI Unveils Future Plans at Avalanche Summit LATAM

Thu 17th Oct 2024
At the Avalanche Summit LATAM, BENQI Co-Founder @born2hodl revealed upcoming developments for the protocol: - **Ignite9000**: Stake $QI to run an Avalanche validator and earn additional rewards - **BENQI Miles**: Rebranding of veQI, introducing Locked Miles feature - **UI/UX Upgrades**: - Unified landing page for all dApps - Cross-chain swaps - Improved dashboard - Option to repay loans with ERC20 tokens BENQI reaffirms its commitment to driving DeFi innovation within the Avalanche ecosystem.
Community article
dudes